West Family Investments Inc. Increases Position in Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC)

West Family Investments Inc. increased its holdings in Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) by 63.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 32,160 shares of the Wireless communications provider’s stock after purchasing an additional 12,513 shares during the quarter. West Family Investments Inc.’s holdings in Turkcell Iletisim Hizmetleri A.S. were worth $155,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Lindbrook Capital LLC increased its stake in shares of Turkcell Iletisim Hizmetleri A.S. by 45.4% during the third quarter. Lindbrook Capital LLC now owns 8,116 shares of the Wireless communications provider’s stock worth $38,000 after purchasing an additional 2,533 shares in the last quarter. GAMMA Investing LLC acquired a new position in shares of Turkcell Iletisim Hizmetleri A.S. during the fourth quarter valued at approximately $38,000. Blue Trust Inc. lifted its position in shares of Turkcell Iletisim Hizmetleri A.S. by 49.7% in the fourth quarter. Blue Trust Inc. now owns 8,302 shares of the Wireless communications provider’s stock valued at $39,000 after acquiring an additional 2,757 shares in the last quarter. Colonial River Wealth Management LLC acquired a new stake in shares of Turkcell Iletisim Hizmetleri A.S. in the third quarter worth approximately $48,000. Finally, CWM LLC increased its position in shares of Turkcell Iletisim Hizmetleri A.S. by 17.1% during the fourth quarter. CWM LLC now owns 12,725 shares of the Wireless communications provider’s stock worth $61,000 after purchasing an additional 1,855 shares in the last quarter.

Turkcell Iletisim Hizmetleri A.S. Price Performance

NYSE TKC traded up $0.07 during trading hours on Friday, hitting $6.29. 132,091 shares of the company’s stock traded hands, compared to its average volume of 304,039. The company has a quick ratio of 1.77, a current ratio of 1.78 and a debt-to-equity ratio of 0.47. Turkcell Iletisim Hizmetleri A.S. has a 52-week low of $3.52 and a 52-week high of $6.32. The firm’s 50-day moving average is $5.41 and its 200-day moving average is $5.11.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Turkcell Iletisim Hizmetleri A.S. from a “hold” rating to a “buy” rating in a report on Saturday, March 30th.

Turkcell Iletisim Hizmetleri A.S. Company Profile

Turkcell Iletisim Hizmetleri A.S. provides digital services in Turkey, Ukraine, Belarus, Turkish Republic of Northern Cyprus, and the Netherlands. It operates through Turkcell Turkey, Turkcell International, and Techfin segments. It offers work contact services, such as mobile communications, fixed business internet and business phone, and customer loyalty and programs; digital business services comprising uninterrupted access, cyber security, data center, Internet of Things, big data, e-transformation, technologies, and managed services, and cloud solutions.